Best/Worst Daily ETF Returns: DBEF Up 6.69%

ETF.com

The db-X MSCI EAFE Currency Hedged Equity ETF (DBEF - News) was the top-performing ETF yesterday, with 6.69 percent in returns, as investors stepped back into equities but hedged their bets against the still-falling euro.

Two of the best-performing funds were Indian equity ETFs, as India's main 30-share BSE index rose to its highest level since March on news that the Indian government may end it fuel subsidies—long a contributor to that country’s fiscal deficit.

The iShares MSCI India (INDA - News) was No. 3 on the list, returning 3.18 percent, and the iShares MSCI India Small Cap ETF (SMIN - News) returned 2.22 percent.

Futures-based gold ETPs showed up on the top-performers list yesterday as well, a day after gold miners funds dominated the list. Investors appeared to be exploring how to use the precious metal as a hedge against market volatility.

The Etracs S'P 500 Gold Hedged ETN (SPGH - News), which hedges against a decline in the U.S. dollar by taking positions in Comex gold futures, returned 2.39 percent, and the Etracs CMCI Gold Total Return ETN (UBG - News) returned 2.07 percent.

Bottom Performers

The Global X FTSE Greece 20 ETF (GREK - News) was the worst-performing fund, with 5.09 percent in losses yesterday, as some of Europe’s biggest fund managers dumped euro assets amid spreading fear about Greece’s potential exit from the eurozone.

Fears of a global slowdown dented prices of developing-market and energy-related funds as well.

The PowerShares MENA Frontier Countries Portfolio (PMNA - News) was No. 2 on the worst performers list, with 4.31 percent in losses. The IndexIQ Emerging Markets Mid Cap ETF (EMER - News) was No. 3 on the list, with 3.44 percent in losses.

Four of the worst-performing funds were energy funds, led by the United States Natural Gas Fund (UNG - News), which suffered 3.09 percent in losses, continuing the volatile trajectory of the natural gas sector that has been buffeted by a double whammy of increased supplies coupled with slowing demand.

 


Top 10 1-Day Performers, Excluding Leverage/Inverse Funds and '1,000 Shares Traded

Ticker Name 1-Day Performance 1-Day Volume AUM ($, mm)
DBEF db-X MSCI EAFE Currency-Hedged Equity 6.69% 3,317 31.14
FAA Guggenheim Airline 3.53% 16,501 14.91
INDA iShares MSCI India 3.18% 19,965 16.74
BAL iPath Dow Jones-UBS Cotton Total Return ETN 2.73% 24,011 29.71
LATM Market Vectors Latin America Small-Cap 2.52% 6,388 11.69
SPGH ETRACS S'P 500 Gold Hedged ETN 2.39% 6,000 16.49
SSDD ETRACS ISE SSD ETN 2.25% 2,300 10.55
SMIN iShares MSCI India Small Cap 2.22% 4,697 4.11
UBG ETRACS CMCI Gold Total Return ETN 2.07% 2,100 7.97
PSCF PowerShares S'P SmallCap Financials 1.93% 6,514 74.62

Bottom 10 1-Day Performers, Excluding Leverage/Inverse Funds and '1,000 Shares Traded

Ticker Name 1-Day Performance 1-Day Volume AUM ($, mm)
GREK Global X FTSE Greece 20 -5.09% 33,399 2.84
PMNA PowerShares MENA Frontier Countries Portfolio -4.31% 2,338 18.84
EMER IQ Emerging Markets Mid Cap -3.44% 2,000 1.51
UNG United States Natural Gas -3.09% 8,106,195 994.71
PXQ PowerShares Dynamic Networking Portfolio -2.68% 12,117 70.76
KWT Market Vectors Solar Energy -2.64% 60,527 9.38
TUR iShares MSCI Turkey Investable Market -2.58% 260,386 356.77
OGEM EG Shares Energy GEMS -2.56% 13,230 9.33
TAN Guggenheim Solar -2.53% 65,772 50.60
IGN iShares S'P North American Technology-Multimedia Networking -2.51% 40,999 230.31

 

Disclaimer:All data as of 6 a.m. Eastern time the date the article is published. Data is believed to be accurate; however, transient market data is often subject to subsequent revision and correction by the exchanges.

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